COMPANY ANNOUNCEMENT
Copenhagen, 12 May 2009
Company Announcement No. 12/09
SALE OF PASSENGER SHIP
The passenger ship QUEEN OF SCANDINAVIA has been sold to foreign interests for
delivery in June 2009. The agreement is subject to payment of a deposit by
Friday 15 May 2009.
QUEEN OF SCANDINAVIA was laid up after closure of the Bergen route in September
2008. From February 2009 the ship has been employed as a hotel ship in Sweden.
The sales price amounts to around DKK 175 mio., and the proceeds provides an
opportunity to reduce debt and strengthen DFDS' balance sheet.
Due to the sale, the net investments expected for the full year are reduced
from DKK 1.3 billion to DKK 1.1 billion.
DFDS A/S, Sundkrogsgade 11
2100 Copenhagen Ø
CVR 14 19 47 11
